JOE BIDEN AND EU CAN BAN BTC - SINCE THE SWIFT SYSTEM - READ most ask about my reasons for this predicting of 10K.
i did add in before viewing why I expect BTC can become 10K. and one of the reasons is the swift system.
Since USA and EU have to get Russia out of the internationally swift system, Russia could go to use crypto - but what then will happen are a big ban of BTC - USA and EU will ban BTC this will end in a huge crash - I am not the only saying this
Economist Alex Kruger Warns Russia Using Crypto To Escape Sanctions Would Send Prices Crashing ( more experts saying the same - you can find this all back on google.
# these are my personally expecting and I could be wrong, never trade depending on someone's post, and do always your study.
This are not a trading advice - i personally cant see the future - i just add what i expect personally will happen if russia use BTC.
USA
GOLD - ENTERING NEW BREAKDOWN TREND ZONEHello trading friends,
Gold shows the unexpected trend for entering a new breakdown trend trading zone.
The trend shows that there are trends of selling inside Gold - what means this for coming time?
Depending on data we are into a new breakdown trend - this could mean that we will see further breakdown trends coming Time.
The healthy back trend will come one gold when we see 1960+ back with confirmation and time frame.
what this will mean for Bitcoin is also a question, as it depends on other markets.
This is not a trading call - this update shows the trend that gold entering a new zone and that's the breakdown trend.
Have good times.
If you like the idea - give it a like and follow - Thank you
US500 LongHey traders, in today's trading session we are monitoring US500 for a buying opportunity around 4219 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Double Bottom in AUDUSD, Expected Rally Towards 0.78Trend Analysis
The main view of this trade idea is on the 2-Hour Chart. The FX Cross AUDUSD formed a double bottom or W pattern around the 0.71 and 0.718 support areas. The resistance for this pattern is observed around the 0.7475 price level where AUDUSD recently broke above and held. Expectations are for the rally to continue, which will take AUDUSD towards 0.78. This view will be negated if AUDUSD declines below 0.7475.
On the Daily Chart AUDUSD is trending higher with initial levels of resistance seen around the 0.765 price level. Once the FX Cross breaks above initial resistance, it can test the 0.78 price level. A negation of this longer termed view will occur if AUDUSD declines below 0.736.
Technical Indicators
AUDUSD is trading above its long term MA. The Awesome Oscillator is above 0 and green. The Supertrend Indicator is also in a bullish mode with support around the 0.746 price level. These tell a bullish story for AUDUSD.
Recommendation
The recommendation will be to go long at market, with a stop loss at 0.745 and a target of 0.78. This produces a risk/reward ratio of 4.35.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time of publishing, I have a position in AUDUSD.
NAS100 to Rally Towards 17200Trend Analysis
The main view of this trade idea is on the 2-Hour Chart. The NASDAQ 100 Index (NAS100) is currently testing resistance, after declining a little over 8% in the month of September into early October. In mid-October NAS100 broke the downtrend trendline and steadily rallied back towards 15720 resistance. A clear breakout from this resistance level established in early September should take NAS100 towards 17200. A failure in this potential breakout will be known if NAS100 declines to 15260.
On the Daily Chart NAS100 is making a leg higher with the uptrend intact.
Technical Indicators
Currently NAS100 is trading above its short (50-MA), medium (100-MA) and long (200-MA) term fractal moving averages. There have been positive crossovers on these MAs, indicating a bullish trend. The RSI is also above 50 with the KST making a positive crossover. These technical indicators are implying that the uptrend for NAS100 will continue.
Recommendation
The recommendation will be to go long at market, with a stop loss at 15260 and a target of 17200. This produces a risk/reward ratio of 2.99.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time of publishing I have exposure to the NAS100.
Russell2000 Held at 2100 Support, Counter Trend Move to 2280Trend Analysis
The main view of this trade idea is on the 15-Min Chart.
Support appears to have held at around the 2100 for the Russell 2000 Index (US2000). This is corroborated by the US2000 crossing above its medium term (195-MA) moving average. Also the Supertrend broke above its 2146 resistance above the last trading session. When observing the technical indicators there is a unique pattern on the Awesome Oscillator (AO) and the RSI. There is positive price divergence with the indicators. The AO is above 0 and the RSI is greater than 50. It is expected that US2000 rallies towards the 2280 price level. Failure of this move will be seen if US2000 declines below 2100.
The Point and Figure chart as well is showing a bullish reversal. Support is seen around 2110 and the Index rallied above its short (30-MA), medium (100-MA) and long (200-MA) moving averages. There are also positive crossovers with the short and medium as well as short and long term MAs. The AO is above 0 with the RSI trading above 50.
The longer term view remains corrective for the US2000. Resistance is observed around 2185.
Recommendation
The recommendation will be to go long at market, with a stop loss at 2100 and a target of 2280. This produces a risk/reward ratio of 1.70.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time of publishing I have exposure to US2000.
AUDUSD Forecast Buying OpportunityHey traders, we are monitoring AUDUSD for a buying opportunity around 0.717 zone, once we will receive any bullish confirmation the trade will be executed. I see a long-term movement of the pair. First the trend line has been retested for the several times and the AUD index shows a long-term upward price movement. Wait for the break out of the trend line , retest and you are free to take a trade.
Disclaimer
Trade safe, by Kachala
NAS100 ShortHey traders, in today's trading session we are monitoring NASDAQ for a selling opportunity around 14500 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.